Welcome to the LACERA news section, where we share what’s happening at LACERA and update our members on anything affecting their retirement benefits.
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LACERA Receives Court Authorization to set Employee Classifications and Salaries
In a landmark 79-page decision, the California 2nd District Court of Appeals has affirmed that the LACERA possesses the authority under both the California Constitution and state statutes to establish employment classifications and set salaries for its employees.
New Plan G and Safety C Contribution Rates Effective July 1
On May 7, 2024, the Board of Supervisors adopted changes to contribution rates for LACERA plan sponsors and active General Plan G and Safety Plan C members, as recommended by LACERA in accordance with Government Code Section 31454.
Help Prevent Elder Abuse
Tomorrow, June 15, is World Elder Abuse Awareness Day. As part of our mission, LACERA is keenly focused on safeguarding the financial benefits of our members in cases of elder abuse.
June Pathways and Spotlight Newsletters Now Available Online
LACERA publishes and mails two quarterly newsletters—Pathways for active members and Spotlight for retired members—to keep you updated.
LACERA CIO Recognized
Did you know that investment earnings traditionally account for about three-quarters of the money necessary to pay the promised benefits?
More Webinars Added: Staying in the Plan and Setting Up a Durable POA
Did you miss out on our April 11 webinar?
More Webinars Added: Stay in the Plan; Set Up a Durable Power of Attorney
Did you miss out on our April 11 webinar?
About to Retire? Join the April 11 “Stay in the Plan; Set Up a Durable POA” Webinar
Are you eligible for retirement? We have a webinar for you!
April 11 Webinar on Staying in Your Empower Plans and Setting Up a Durable POA
On Thursday, April 11, from 1:30 to 3:00 p.m., LACERA and Empower will co-host a session that provides valuable information about keeping your Empower savings plans in retirement.
Retiring Trustee Keith Knox Recognized for His Service to LACERA Members
As of March 13, 2024, Trustee Keith Knox has retired as L.A. County Treasurer and Tax Collector and, therefore, his ex-officio trustee positions on LACERA’s Boards of Retirement and Investments.